Under the agreement, Trek will provide its wireless memory technologies, which leverage NAND and Dram systems for data-intensive processing and secure transmission, with Aboard AI’s proprietary artificial intelligence algorithms to compute and analyse real-time flight data.
Trek 2000 International surged by more than a quarter after it announced that it expects revenue of more than US$15 million through FY2027 after it signed a deal with software firm Aboard AI Inc to co-develop an AI-powered solution to improve maintenance and flight safety mainly aimed at the North American market.
For context, the company's most recent 1HFY2025 revenue was US$9.6 million.
